RE: Looks like van-boring lost his shirt on gsrNo, not gone, just quietly accumulating on the dips. Don't you worry oilstain I'm pretty sure you'll be eating some crow fairly soon. For the others on here that read above a grade 3 level......
Jun 28, 2012 (ACCESSWIRE-TNW via COMTEX) -- June 28, 2012 - Vancouver, British Columbia, CANADA - Atocha Resources (the Company), TSX.V - ATT reports that Goldstrike Resources Ltd. (TSX.V - GSR), which has an option to earn an interest in the Company's Strike mineral claims, has completed a $1,477,875.30 non-brokered private placement.
On June 20, 2012, Mr. Terrence King, President of Goldstrike Resources reported the issuance of:
-"750,000 units at the price of
.75 per unit to raise gross proceeds of $562,500.00. Each unit is comprised of one flow-through common share and one non-flow-through common share, with
.40 of the subscription price allocated to the flow-through share and the other
.35 of the subscription price allocated to the non-flow-through share.
-2,615,358 units at the price of
.35 per unit to raise gross proceeds of $915,375.30. Each unit is comprised of one common share and one-half of a share purchase warrant. Each full warrant entitles the holder to purchase one additional common share at the price of
.80 until June 15, 2014, subject to acceleration at the Company's option if its shares close at $1.20 or higher for ten (10) consecutive trading days at any time after four months after Closing."
Atocha's President, Marcy Kiesman stated "It is good to see the quick close of financing for Goldstrike and it shows how great the appetite is for their properties and the 2012 Yukon exploration and drill program."
Atocha recently entered into an option agreement entitling Goldstrike to acquire up to an 80% interest in fourteen mineral claims, Atocha's Strike 101-114 property, located in the "White Gold District" of the Yukon (for full details see news release on May 15, 2012 via www.sedar.com ). Atocha's Strike claims are immediately adjacent to Goldstrike's "Lucky Strike" property and are located approximately fifteen kilometres east of Kinross's Golden Saddle deposit.